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Jan 24, 2012
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that refers to freddie mac. stable? housing prices are down 24% from their peak and the facts are, no matter what you believe about freddie's contribution to helping people buy homes in this country, the fact is that america's home ownership rate today is about 66%, almost identical to canada's 68% and canada has no taxpayer subsidized institution like freddie. and more r outrage. freddie still owes 56 milli$56 billion to taxpayers. that's part of the $71 billion bailout they were handed during the crisis. that is more money than any bank in this country ever got. so just how much will gingrich's ties to freddie mac hurt him in florida? in florida, 44% of homeowners at this moment with under water on their mortgages. the average home in florida worth half what it was when newt gingrich worked for freddie mac. douglas is a former economic adviser to the 2008 mccain campaign. john avalon is a cnn contributor. what do you make of that? he's putting out one year to say yes, i know, sounds like lobbyist. is that going to be
that refers to freddie mac. stable? housing prices are down 24% from their peak and the facts are, no matter what you believe about freddie's contribution to helping people buy homes in this country, the fact is that america's home ownership rate today is about 66%, almost identical to canada's 68% and canada has no taxpayer subsidized institution like freddie. and more r outrage. freddie still owes 56 milli$56 billion to taxpayers. that's part of the $71 billion bailout they were handed during...
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Jan 28, 2012
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what he was doing was clearly promoting fannie mae and freddie mac in this case, freddie mac, to the tune of $1.6 million. that is one of the reasons we're in the trouble we're in. >> first of all, notice that the governor wasn't aware of the ad he was running. he's not aware of the investments made in his name. >> of course i -- a blind trust. >> and my investments with his, comparing a tuinei mouse with a giant elephant. the fact is -- that there is a very substantial question. you didn't give instructions to say, gee, let's not do this or let's not do that. you're very quick to draw the widest possible exaggeration. the fact is the only time i ever spoke to the congress about this issue was in july of 2008, the "new york times" reported it. i told the republicans in the house, vote no. do not give them any money. they need to be reformed and answering it's question earlier i would break each of them up into five or six separate units and over a five-year period wean from them all federal sponsorship because we need to get away from those gigantic systems. >> a follow-up question t
what he was doing was clearly promoting fannie mae and freddie mac in this case, freddie mac, to the tune of $1.6 million. that is one of the reasons we're in the trouble we're in. >> first of all, notice that the governor wasn't aware of the ad he was running. he's not aware of the investments made in his name. >> of course i -- a blind trust. >> and my investments with his, comparing a tuinei mouse with a giant elephant. the fact is -- that there is a very substantial...
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Jan 24, 2012
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mac and return the funds he made from freddie mac. i wouldn't have normally suggested that other than he was the one that said if you made money on this failed model you ought to return that money. >> within hours of that, the gingrich people released the 2006 contract. you'll recall he's struggled in the past to explain the work he did for freddie mac and reconcile what appears to be beltway insider buck raking with his anti-beltway establishment campaign. is the what he said in november. >> i have never done any lobbying. every contract was written during the period i was out of the office and specifically said i would do know lobbying and offered advice as historian when they said we are now making loans to people with no credit history and have no record of paying back anything, that's what the government wants to do. i said to them at the time, this is a bubble, this is insane, this is impossible. tonight, one year of the contract is out. ur political anl list gloria borge has the late details on it. the contract doesn't really t
mac and return the funds he made from freddie mac. i wouldn't have normally suggested that other than he was the one that said if you made money on this failed model you ought to return that money. >> within hours of that, the gingrich people released the 2006 contract. you'll recall he's struggled in the past to explain the work he did for freddie mac and reconcile what appears to be beltway insider buck raking with his anti-beltway establishment campaign. is the what he said in...
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Jan 26, 2012
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tonight we have details of the contract with freddie mac. listen how he described the role in november. >> i have never done any lobbying. any contract written in the period when i was out of the office specifically said i would do no lobbied and i offer advice and advice as a historian saying to me we're now making loans to people who have no credit history and have no record of paying back anything, but that's what the government wants us to do. i said at the time, this is a bubble. this is insane. this is impossible. >> it's a consulting firm paid $25,000 a month for years by freddie mac. romney ridiculed the price for advice. the gingrich campaign released the 2006 portion of the contract with freddie and notably vague about the services. last night we got the 1999 contract which goes in to much more detail. on page 14, it described a wide range of services to provide. the two that stand out are, quote, to serve as adviser to freddie mac in the areas of strategic planning and public poli policy, also to engage in discussions with mitchel
tonight we have details of the contract with freddie mac. listen how he described the role in november. >> i have never done any lobbying. any contract written in the period when i was out of the office specifically said i would do no lobbied and i offer advice and advice as a historian saying to me we're now making loans to people who have no credit history and have no record of paying back anything, but that's what the government wants us to do. i said at the time, this is a bubble....
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Jan 26, 2012
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senior fers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. mitchell was fred i pack's senior vice president for government releases. in other words, their chief lobbyist. according to open secrets database, he was indeed a registered lobbyist for freddie mac. so speaker gingrich's contract specifies activities that are right at the intersection of freddie mac issues and public policy. he's being specifically hired to work with freddie's head lobbyist. whoever drew up the contract seemed to realize it's lobbying but everything but names. on page 14, there's this, nothing herein is or shall be con trued as an agreement to provide lobbying services of any kind or engage in lobbying activities. kevin madden is a former romney spokesman and a romney supporter. also a senior advicer to the gingrich campaign. kevin, could it be a mistake for the romney campaign to push this attack when their own campaign might get caught in the cross fire? >> it's an important part of the contrast you try and place before voters in florida. right now
senior fers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. mitchell was fred i pack's senior vice president for government releases. in other words, their chief lobbyist. according to open secrets database, he was indeed a registered lobbyist for freddie mac. so speaker gingrich's contract specifies activities that are right at the intersection of freddie mac issues and public policy. he's being specifically hired to work with freddie's...
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Jan 26, 2012
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for freddie mac priority issues. also to engage in discussions with plichal delk and other senior officers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. that was the senior environment of government relations, their chief lobbyist. according to open secret database, he was indeed a lobbyist for freddie mac. speaker gingrich's contract specify issues of public policy and he was specifically hired to work with freddie's head lobbyist. they could get the impression that lobbying in everything but name, but there is this. quote, nothing herein is or shall be construed as an agreement to provide lobbying services of any kind or engage in lobbying activity. kevin is a form er spokesman. kevin, could it be a mistake for the romney campaign to push this freddie mac attack when their own campaign might get caught in the cross fire? >> it's an important part of the contrast you're going to try to place before voters in florida. right now, i think voters are going to h
for freddie mac priority issues. also to engage in discussions with plichal delk and other senior officers of freddie mac relative to strategize on approaches to freddie mac business opportunities and challenges. that was the senior environment of government relations, their chief lobbyist. according to open secret database, he was indeed a lobbyist for freddie mac. speaker gingrich's contract specify issues of public policy and he was specifically hired to work with freddie's head lobbyist....
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Jan 23, 2012
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he was a consultant to freddie mac, about 1.6, $1.7 million. what are the big questions as we await this? this is part of a transparent sit dual between gingrich and romney. >> sure it is. you release yours, i'll release mine. the big difference, first of all, mitt romney says he was a lobbyist for freddie mac. and newt gingrich says no, i was a consultant. there is a difference because lobbying is when you go to capitol hill and tap a senator on the shoulder and say vote this way because i'm representing a certain company or whatever. consulting is different. but the question that the romney campaign wants answered, and i think the large question out there is if you're on the payroll of someplace as a consultant, then normally one would assume you are giving them strategic advice to help them, not to hurt them. so what the romney campaign would like to see is what kind of advice actually did newt gingrich give. now, we've heard him say that he alternately served as an historian or that he told them what they were doing was crazy. but they want
he was a consultant to freddie mac, about 1.6, $1.7 million. what are the big questions as we await this? this is part of a transparent sit dual between gingrich and romney. >> sure it is. you release yours, i'll release mine. the big difference, first of all, mitt romney says he was a lobbyist for freddie mac. and newt gingrich says no, i was a consultant. there is a difference because lobbying is when you go to capitol hill and tap a senator on the shoulder and say vote this way because...
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Jan 29, 2012
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speaking of speaker gingrich, he said today, again, this guy worked for freddie mac and freddie mac helped usher in the mortgage crisis in this country. he's been really hammering him stop after stop. the real message here is playing out on the television airwaves. democratic media tracking source, fred, just e-mailed me numbers of the ad spending and romney and romney allies are out spending newt gingrich and his allies almost 5 to 1 here, total through tuesday. that's amazing. that's driving romney's good poll numbers in this state, fred. >> peter hamby in hialeah, say hello to my friends there in south florida. thanks so much. >> absolutely. >> all right, peter. >>> the hospital in joplin, missouri, it took a direct hit by a tornado last year. well, today, it is being demolished. coming up in the next hour, i'll talk to someone who knows firsthand about the town's healing process. more politics after this. an accident doesn't have to slow you down. with better car replacement available only with liberty mutual auto insurance, if your car's totaled, we give you the money for a car one mo
speaking of speaker gingrich, he said today, again, this guy worked for freddie mac and freddie mac helped usher in the mortgage crisis in this country. he's been really hammering him stop after stop. the real message here is playing out on the television airwaves. democratic media tracking source, fred, just e-mailed me numbers of the ad spending and romney and romney allies are out spending newt gingrich and his allies almost 5 to 1 here, total through tuesday. that's amazing. that's driving...
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Jan 28, 2012
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mitt romney ira, which is not a blind trust from fhlmc, that's freddie mac. and there's a similar investment in fnma, that's fannie mae. that's money outside of romney's blind trust. he spoke of the blind trust almost as a virtue saying it allowed him to avoid any conflicts of interest. keep in mind, when he was campaigning against ted ken dirk he didn't really trust blind trusts. >> the blind trust is an age old ruse if you will, which is to say, you can always tell a blind trust what it can and cannot do. you give a blind trust rules. >> getting back to today, speaker gingrich also has some consistency problems. before last night, he was turning to boycott any debate that didn't allow audience members to cheer or boo or applause. >> i wish in retrospect i would protested when brian williams took them out of it because it was wrong. because the media is terrified that the audience is going to side with the candidate against the media. and we're going to serve notice on future debates, we're not going to allow that to happen. that's wrong, the media doesn't c
mitt romney ira, which is not a blind trust from fhlmc, that's freddie mac. and there's a similar investment in fnma, that's fannie mae. that's money outside of romney's blind trust. he spoke of the blind trust almost as a virtue saying it allowed him to avoid any conflicts of interest. keep in mind, when he was campaigning against ted ken dirk he didn't really trust blind trusts. >> the blind trust is an age old ruse if you will, which is to say, you can always tell a blind trust what it...
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other freddie mac personnel. freddie mac also pointed out its record of helping homeowners saying, quote, during the first three quarters of 2011 we refinanced more than 170 billion mortgages helping nearly 835,000 borrowers. but this is still going to raise a lot of questions, particularly is there a conflict of interest at freddie mac? >> lisa, thank you. one-on-one with newt gingrich. he's hammering away at mitt romney and these, the final hours before the florida primary. >> i don't believe the republican party is going to nominate a lib wal who is pro abortion, pro-tax increase and pro-gay rights. and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. i'm going to own my own restaurant. i want to b
other freddie mac personnel. freddie mac also pointed out its record of helping homeowners saying, quote, during the first three quarters of 2011 we refinanced more than 170 billion mortgages helping nearly 835,000 borrowers. but this is still going to raise a lot of questions, particularly is there a conflict of interest at freddie mac? >> lisa, thank you. one-on-one with newt gingrich. he's hammering away at mitt romney and these, the final hours before the florida primary. >> i...
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Jan 27, 2012
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mac. >> they both made money from fanny and freddie. should they return that money? >> that subject doesn't interest me a whole lot. >> the bigger issue here is these two gentlemen who are out distracting by the most important issues we have by playing petty politics. can we set aside that newt was a member of congress and used the skills he developed as a member of congress to advise company, and mitt romney is a guy who is wealthy because he worked hard. you need to loov that alone and focus on the issues. >> how about if the four of us agree for the rest of the evening to talk about issues that relate to america. >> you said he lives in a world of swiss bank and cayman island bank accounts. i didn't say that, you did. >> let's put behind this idea of attacking me because of my investments or my money and say what you accomplished in your lifetient be seen as a detriment but an asset. >> i'll challenge any of these guys to a 25-mile bike ride in the heat of texas. >> i don't want to be the country that got to the moon first, turn arou
mac. >> they both made money from fanny and freddie. should they return that money? >> that subject doesn't interest me a whole lot. >> the bigger issue here is these two gentlemen who are out distracting by the most important issues we have by playing petty politics. can we set aside that newt was a member of congress and used the skills he developed as a member of congress to advise company, and mitt romney is a guy who is wealthy because he worked hard. you need to loov...
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Jan 28, 2012
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was a paid contractor for freddie mac to the tune of about $1.7 million for his group. he answered directly to freddie's chief lobbyist and former lawmakers say that gingrich did in fact lobby them. governor romney says that his shares were in a mutual fund which he has no control over. right there on page 7, it shows holdings by the w. mitt romney ira, which is not a blind trust of $100,000 to a quarter million dollars in bonds from fhlmc, that's freddie mac. and there's a similar investment in fnma, that's fannie mae. last night romney spoke of his blind trust saying it's almost a virtue saying it allowed him to avoid any conflicts of interest. >> the blind trust is an age old ruse if you will, which is to say, you can always tell a blind trust what it can and cannot do. you give a blind trust rules. >> getting back to today, speaker gingrich also has some consistency problems. turning to last night, he was trying to avoid any debate that didn't allow audience members to cheer or boo or applause. >> i wish i would have protested when brian williams took them out of it
was a paid contractor for freddie mac to the tune of about $1.7 million for his group. he answered directly to freddie's chief lobbyist and former lawmakers say that gingrich did in fact lobby them. governor romney says that his shares were in a mutual fund which he has no control over. right there on page 7, it shows holdings by the w. mitt romney ira, which is not a blind trust of $100,000 to a quarter million dollars in bonds from fhlmc, that's freddie mac. and there's a similar investment...
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i don't own stock in either fannie mae or freddie mac have you checked your own investments? you also have mutual funds that invest in fannie mae and freddie mac. >> should point out the poll numbers were all before last night's debate, so they don't reflect what happened last night. speaker gingrich, you'll remember, was a paid contractor for freddie mac to the tune of $1.7 million for his consulting group. although the contract said he wasn't acting as a lobbiest, he answered directly to freddie's chief lobbyist and former lawmakers say that gingrich, in fact, did lobby them. governor romney says that his shares were in a mutual fund which he has no control over. right there on page 7, it shows holdings by the w. mitt romney ira, which is not a blind trust of $100,000 to $250,000 in bonds from fhlmc, that's freddie mac. and there's a similar investment in fnma, that's fannie mae. that's money outside of romney's blind trust. he spoke of the blind trust almost as a virtue saying it allowed him to avoid any conflicts of interest. keep in mind, when he was campaigning against
i don't own stock in either fannie mae or freddie mac have you checked your own investments? you also have mutual funds that invest in fannie mae and freddie mac. >> should point out the poll numbers were all before last night's debate, so they don't reflect what happened last night. speaker gingrich, you'll remember, was a paid contractor for freddie mac to the tune of $1.7 million for his consulting group. although the contract said he wasn't acting as a lobbiest, he answered directly...
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Jan 26, 2012
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basically it goes back to this issue of the freddie mac contracts. and the fact that newt gingrich has really been on his heels all this week from the romney campaign, mitt romney has essentially called newt gingrich a lobbyist for freddie mac. and i got this from r.c. hammond. he said "how does a guy who owns goldman stock, a company directly responsible for foreclosures in florida, has freddie mac lobbyists as top advisers in his campaign, think he can fool the american people?" john, the gloves are off. and you know, the only thing that might be missing at tonight's debate might be that steel cage. that's the only thing that's keeping these guys from tearing each other apart. >> a steel cage. jim acosta tracking the predebate rhetoric. sometimes the candidates carry it over, sometimes they don't. we'll watch, jim. thanks so much. for his part governor romney was more gentle today but clearly had speaker gingrich in mind here. >> if you think that you really need someone who's been part of the culture of washington for the last 35 years to go there
basically it goes back to this issue of the freddie mac contracts. and the fact that newt gingrich has really been on his heels all this week from the romney campaign, mitt romney has essentially called newt gingrich a lobbyist for freddie mac. and i got this from r.c. hammond. he said "how does a guy who owns goldman stock, a company directly responsible for foreclosures in florida, has freddie mac lobbyists as top advisers in his campaign, think he can fool the american people?"...
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Jan 27, 2012
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what he was doing was clearly promoting fannie mae and freddie mac, in this case, freddie mac, to the tune of $1.6 million. that's why we're in the case we're in. >> the governor wasn't aware of the ad he was running. he's not aware of the investments in his name. and to compare my investments with his is like comparing a tiny mouse with a giant elephant. the fact is there's a very substantial question. you didn't give any instructions to say, gee, let's not do this or let's not do that. you're very quick to draw the widest possible exaggeration. the fact is that the only time i ever spoke to the congress about this issue was in july of 2008, the "new york times" reported it. i told republicans in the house, vote no. do not give them any money. they need to be reformed. and to answer the question earlier, i would break each of them up into five or six separate units and over a five-year period i would wean them from all federal sponsorship. >> let me bring congressman paul and then senator santorum. a follow-up to you, but specifically, it seems like they both acknowledge they both ma
what he was doing was clearly promoting fannie mae and freddie mac, in this case, freddie mac, to the tune of $1.6 million. that's why we're in the case we're in. >> the governor wasn't aware of the ad he was running. he's not aware of the investments in his name. and to compare my investments with his is like comparing a tiny mouse with a giant elephant. the fact is there's a very substantial question. you didn't give any instructions to say, gee, let's not do this or let's not do that....
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Jan 24, 2012
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what vitt was he giving to freddie mac. >> gingrich has moved on. ties romney to, who left the republican party to run as an independent for the senate guess marco rubio. some of kris's former staffers in and out work for rom romney. >> noises, if that makes him a moderate in massachusetts, but it makes him pretty liberal in a republican primary. >> team romney was too busy resurrecting this image as a cry baby over thinks threat to skip upcoming debates if the audiences are asked to keep quiet. the crowd was told at monday's debate. romney's advisers say he sounds like he's running for pouter-in-chief. earlier today a romney adviser told reporters florida is not a must-win state. that's a sign that polls may be showing soon that newt gingrich may have a sizable lead in this state. just a few moments ago, i can tell you that romney has launched a new line of attack, that he hasn't seen too many his turkey that make as much money as newt gingrich for freddie mac. >> let's listen in briefly, listen to what he has to say. >> if we were to reelect barac
what vitt was he giving to freddie mac. >> gingrich has moved on. ties romney to, who left the republican party to run as an independent for the senate guess marco rubio. some of kris's former staffers in and out work for rom romney. >> noises, if that makes him a moderate in massachusetts, but it makes him pretty liberal in a republican primary. >> team romney was too busy resurrecting this image as a cry baby over thinks threat to skip upcoming debates if the audiences are...
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was clearly promoting fannie mae and freddie mac in this case freddie mac to the tune of $1.6 million, that is one of the reasons we're in the trouble we're in. >> reporter: but romney has also had to defend his own investments in fannie mae and freddie mac. at the cnn debate in florida, former massachusetts governor says those were held in a blind trust which he had no control over. >> my investments are not made by me. my investments for the last ten years have been to blind trusts managed by a trustee. >> it's an argument romney has made repeatedly this week on the campaign trail. but let's go back in time, 1994, romney was then running against the late ted kennedy for the senate. it was romney who was criticizing senator kennedy for not being transparent with the kennedy trust fund. romney had a different take on blind trust then. >> it's an age-old ruse. you give a blind trust rules. >> those words coming back to haunt romney. american bridge, a democratic research group is already calling him out. >> mitt romney called it a ruse and said that every person was responsible for the
was clearly promoting fannie mae and freddie mac in this case freddie mac to the tune of $1.6 million, that is one of the reasons we're in the trouble we're in. >> reporter: but romney has also had to defend his own investments in fannie mae and freddie mac. at the cnn debate in florida, former massachusetts governor says those were held in a blind trust which he had no control over. >> my investments are not made by me. my investments for the last ten years have been to blind...
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i think they're going to call on gingrich to release his contract with freddie mac and freddie mac said that's going to be fine. >> donna, you've run campaigns. what is the romney campaign going through tonight at this hour? >> there's no question, they're looking at the delegates and they know whether this race ends in florida, or super tuesday, they have the money and organization. they can beat newt gingrich. >> eric, what are you looking at moving forward? where does this race go? >> i want to see ron paul. i'm surprised he came in fourth place here. he had a strong showing. by the way, public service message to the troopers of columbia, -- [ inaudible ] >> they're looking for you, ari. >> you can tell you're in a bar. >> how nasty on the republican side is this race going to get? >> this is winner take all in florida. nobody is going to leave any arrows in the quiver here. >> this is a newt, you release
i think they're going to call on gingrich to release his contract with freddie mac and freddie mac said that's going to be fine. >> donna, you've run campaigns. what is the romney campaign going through tonight at this hour? >> there's no question, they're looking at the delegates and they know whether this race ends in florida, or super tuesday, they have the money and organization. they can beat newt gingrich. >> eric, what are you looking at moving forward? where does this...
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how would you phase out fannie mae and freddie mac? does the private mortgage industry need additional regulation? let me start with william -- mitt romney. >> speaker gingrich was hired by freddie mac to promote them, to influence other people in washington, encouraging them not to dismantle the two entities. i think instead, we should have had a whistle blower and not horn tooter. he should have stood up, said, look, these things are a disaster, this is a crisis. he should have been anxiously telling the american people that these entities were causing a housing bubble that would cause a collapse that we've seen here in florida and around the country are they are problem today? absolutely. they are offering mortgages, again, to people who can't possibly repay them. we are creating another housing bubble which will hurt the american people. the right course for our housing industry is to get people back to work so they can buy homes again. we have 9.9% unemployment in florida. it's unthinkable. 18% real unemployment here. get people b
how would you phase out fannie mae and freddie mac? does the private mortgage industry need additional regulation? let me start with william -- mitt romney. >> speaker gingrich was hired by freddie mac to promote them, to influence other people in washington, encouraging them not to dismantle the two entities. i think instead, we should have had a whistle blower and not horn tooter. he should have stood up, said, look, these things are a disaster, this is a crisis. he should have been...
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he's personally vested in fannie mae and freddie mac over the years. so i think once those tax forms come out, it's going to churn up a lot more stories. we need to which i think -- you'll notice. in case any big questions come up before thursday's debate. >> you mentioned the debates. let me remind all of you that we're hosting crucial. i'm going to florida. i'm very excited to be covering politics for the primary next week as we'll be there monday, tuesday, wednesday. >>> senator rand paul was going through the airport in nashville. he went through security and apparently set it off. he was request they wanted to do a pat-down. he offered to go through the scan guenin stead of a pat-down. tsa refused. when there is an irregularity, passengers have to go to a screening area and complete the security process. he was not detained. he did leave willingly. he caught a flight to washington, no problems. he released this a short time ago, caulking about this very incide incident. i got on the plane early, i offered to show my leg repeatedly, but they didn't
he's personally vested in fannie mae and freddie mac over the years. so i think once those tax forms come out, it's going to churn up a lot more stories. we need to which i think -- you'll notice. in case any big questions come up before thursday's debate. >> you mentioned the debates. let me remind all of you that we're hosting crucial. i'm going to florida. i'm very excited to be covering politics for the primary next week as we'll be there monday, tuesday, wednesday. >>>...
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with freddie mac work and freddie mac he's blaming for who whoas in florida. is this a good strategy? >> i think it's the smart as they come in terms of mitt romney. what's interesting is to see romney do go negative on newt gingrich with words from his own mouth. i think the super pac did a lot of his dirty work in iowa. but to see mitt romney who has this squeaky clean image be so critical of gingrich with words out of his own mouth, he's gone on defense. this is an effective argument. it cuts at the heart of newt being a washington insider. freddie mac is a washington institution, it's up here in washington, d.c. not nrt west. it's relevant for florida voters. there's a high foreclosure rate in the state. the real estate market was hit especially hard there. i think a lot of florida voters are angry with freddie mac. >> they may be looking for that kind of scapegoat. we'll have to see how that's playing out in the campaign, for sure. ed, i want you to we weigh on this on whole unfavorability thing because there's a poll that we have nationally that shows th
with freddie mac work and freddie mac he's blaming for who whoas in florida. is this a good strategy? >> i think it's the smart as they come in terms of mitt romney. what's interesting is to see romney do go negative on newt gingrich with words from his own mouth. i think the super pac did a lot of his dirty work in iowa. but to see mitt romney who has this squeaky clean image be so critical of gingrich with words out of his own mouth, he's gone on defense. this is an effective argument....
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that he made from freddie mac. i wouldn't normally suggest that except that he was the one who said if you made money from that failed model, you ought to return that money. >> reporter: now, there is a reason why that may be an effective line of attack from mitt romney. it's because florida here has a high number of foreclosures and kind of tarnishing newt gingrich with his ties to the mortgage giant freddie mac may be effective for romney. brooke? >> this may be the narrative we'll see in the next couple days from florida. we can't talk politics without also talking money. it's not cheap to campaign in florida, specifically. people helped gingrich outwei w a million dollars in south carolina, shannon. you need money to campaign. >> reporter: that's right. much bigger, much more diverse and much priceyer. that means that penetration is going to be the key, reaching all the different groups in florida. and the tv markets to air your ads and radio spots is way more expensive than south carolina. so you're absolutely
that he made from freddie mac. i wouldn't normally suggest that except that he was the one who said if you made money from that failed model, you ought to return that money. >> reporter: now, there is a reason why that may be an effective line of attack from mitt romney. it's because florida here has a high number of foreclosures and kind of tarnishing newt gingrich with his ties to the mortgage giant freddie mac may be effective for romney. brooke? >> this may be the narrative...
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Jan 22, 2012
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gingrich to release his contract with freddie mac and freddie mac said that's going to be fine. >> donna, you've run campaigns. what is the romney campaign going through tonight at this hour? >> there's no question, they're looking at the delegates and they know whether this race ends in florida, or super tuesday, they have the money and organization. they can beat newt gingrich. >> eric, what are you looking at moving forward? where does this race go? >> i want to see ron paul. i'm surprised he came in fourth place here. he had a strong showing. by the way, public service message to the troopers of columbia, -- [ inaudible ] >> they're looking for you, ari. >> you can tell you're in a bar. >> how nasty on the republican side is this race going to get? >> this is winner take all in florida. nobody is going to leave any arrows in the quiver here. >> this is a newt, you release your dirt, romney, you release your dirt. republicans are off track. >> d
gingrich to release his contract with freddie mac and freddie mac said that's going to be fine. >> donna, you've run campaigns. what is the romney campaign going through tonight at this hour? >> there's no question, they're looking at the delegates and they know whether this race ends in florida, or super tuesday, they have the money and organization. they can beat newt gingrich. >> eric, what are you looking at moving forward? where does this race go? >> i want to see...
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. >>> newt gingrich heckled over his ties to freddie mac. wait until you hear his response to a woman in the crowd here in florida today. ♪ ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> former hughes speaker is going at it with a vengeance. that would be newt gingrich and nancy pelosi. last night cnn's john king asked nancy pelosi about gingrich. listen to her response and gingrich's rebuttal. >> let me just say t
. >>> newt gingrich heckled over his ties to freddie mac. wait until you hear his response to a woman in the crowd here in florida today. ♪ ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these...
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Jan 22, 2012
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let me just say the work product with fannie mae and freddie mac was clearly ultimately in the public interest because "the new york times" reported in july of 2008 that i went to the house republican conference and said vote no. do not give them anymore money. they need to be totally reformed and totally overhauled. so the only public record of any kind about my talking to the congress about fannie mae and freddie mac, i urged that they not get a penny of money, that the house republicans vote no on bailing them out. which is the opposite of what my critics would suggest. on the first one, i invite everybody -- >> so would you release those reports that you gave them? >> the only thing that we gave them in writing they've actually published -- >> would you release -- >> the only thing we gave them in writing actually they published it. it included a call for more regulations of their kind of institutions. you can read it. it's on their website. that's the only thing we gave them of that kind. so the rest was just sitting and talking about ideas and talking about strategies. i'd worke
let me just say the work product with fannie mae and freddie mac was clearly ultimately in the public interest because "the new york times" reported in july of 2008 that i went to the house republican conference and said vote no. do not give them anymore money. they need to be totally reformed and totally overhauled. so the only public record of any kind about my talking to the congress about fannie mae and freddie mac, i urged that they not get a penny of money, that the house...
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Jan 24, 2012
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that refers to freddie mac. stable? housing prices are down 24% from their peak and the facts are, no matter what you believe about freddie's contribution to helping people buy homes in this country, the fact is that america's home ownership rate today is about 66%, almost identical to canada's 68% and canada has no taxpayer subsidized institution like freddie. freddie still owes $56 million billion to taxpayers. that's part of the $71 billion bailout they were handed during the crisis. that is more money than any bank in this country ever got. both campaigns will try the make political hey out of this. >> if he didn't lobby, what did gingrich do to get the 1.6 million? >> just sit there. >> that is another problem attic thing. you were valuable and that puts you in the group. it is a swordid and dark history that requires a lot of deep reading to understand. >> that original spin causes him part of the problem. because no one bought that. so now to have nancy desmond come out interesting ceo of gingrich group and say,
that refers to freddie mac. stable? housing prices are down 24% from their peak and the facts are, no matter what you believe about freddie's contribution to helping people buy homes in this country, the fact is that america's home ownership rate today is about 66%, almost identical to canada's 68% and canada has no taxpayer subsidized institution like freddie. freddie still owes $56 million billion to taxpayers. that's part of the $71 billion bailout they were handed during the crisis. that is...
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he made from freddie mac. i wouldn't have normally suggested that other than he was the one that said that if you made mono they the one that said that if you made mono the on this failed mo you ought to be able to take that money. i'm happy to take questions. please. >> reporter: why are you releasing your records on the same day as the president's state of the union address? >> the reason they are being released that day is that the trustee of my trust that invests our family funds is available that day. his name is brad mult. he is in new york on that day. and i don't know the time. i think it's sometime in the morning. but it was just to accommodate his schedule. >> mitt romney speaking live in tampa, florida. >>> straight ahead, it's flitsville for an a list couple known for renewing their vows every year. what happened to heidi klum and seal's big love? [♪...] >> announcer: bank robbery certainly is a frightening crime. after all, bank robbers stole $43 million in one year. but identity thieves? try 37
he made from freddie mac. i wouldn't have normally suggested that other than he was the one that said that if you made mono they the one that said that if you made mono the on this failed mo you ought to be able to take that money. i'm happy to take questions. please. >> reporter: why are you releasing your records on the same day as the president's state of the union address? >> the reason they are being released that day is that the trustee of my trust that invests our family...
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Jan 24, 2012
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where you cash out and you get thrown out as being speaker and then you cash out from freddie mac to help give strategic advisor, as he called it, recent washington history, that would influence housing policy in america. >> so his own father, george romney, released 12 years of taxes. is that something your candidate is going to do? >> well, you know, that was a different era. he has released more years of tax returns than any of the other candidates running for office. in fact, there were candidates on the stage last night who still haven't released their taxes. and yet, you know, little was made of that. so, you know, i think the issue here is less about the tax story, which is now out. there's nothing new there. he's paid at the 15% rate. the rate that anyone would pay on investment income. it reveals his charitable giving. the story is what's buried in that $1.6 million contract with freddie mac and what other clients were out there paying either gingrich or portions of gingrich incorporated to lobby for different aspects of public policy, whether it's housing policy or health c
where you cash out and you get thrown out as being speaker and then you cash out from freddie mac to help give strategic advisor, as he called it, recent washington history, that would influence housing policy in america. >> so his own father, george romney, released 12 years of taxes. is that something your candidate is going to do? >> well, you know, that was a different era. he has released more years of tax returns than any of the other candidates running for office. in fact,...
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made money from freddie mac. the very institution that helped stand behind the huge housing crisis and here in florida, if you're part of the housing crisis, you're probably not going to get elected president. >> the housing markets in florida has been a red hot political issues. in many ways the state is -- the housing boom. florida's fell first and it also fell hard. home values plummeted in and foreclosures skyrocketed. at the center of it all, people, communities and cities trying to deal with the crisis. as christine romans now reports. >> real estate agent scott nicholas is busy these days. he's doing an occupancy check at this foreclosed jacksonville house. the bank owns it and wants to get rid of. >> in some cases, of course, we rent it to tenants living on the property who are completely unaware it was in the foreclosure process and of course, that conversation can be a little interesting. but for the most part, the properties are usually vacant. >> house after house, street after street 47% of homes her
made money from freddie mac. the very institution that helped stand behind the huge housing crisis and here in florida, if you're part of the housing crisis, you're probably not going to get elected president. >> the housing markets in florida has been a red hot political issues. in many ways the state is -- the housing boom. florida's fell first and it also fell hard. home values plummeted in and foreclosures skyrocketed. at the center of it all, people, communities and cities trying to...
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they were paying speaker gingrich $1.6 million dollars at the same time freddie mac was costing the people of florida millions of dollars. >> he said four things that are false. i think the american public deserve a discussion about how to beat barack obama. the american public needs to know what we would do with the economy. this is the worst kind of trivial politics. i'm prepared to describe my 15% of flat tax as the mitt romney flat tax. >> is the tax on capital gains 15% or is it 0. >> 0. >> under that plan i'd of paid no taxes for the last two years. i learned something from south carolina, and that was i had incoming from all directions, was overwhelmed with a lot of the attacks. i'm not going to sit back and get attacked day in and day out without returning fire. >> there's going to be a lot more "fire." check out our debate thursday night, just days before the florida primary. cnn and the republican party of florida are going to team up to host our next presidential debate in jacksonville. that's thursday night, 8:00 eastern, right here on cnn. >>> 12 hours from now millions of ame
they were paying speaker gingrich $1.6 million dollars at the same time freddie mac was costing the people of florida millions of dollars. >> he said four things that are false. i think the american public deserve a discussion about how to beat barack obama. the american public needs to know what we would do with the economy. this is the worst kind of trivial politics. i'm prepared to describe my 15% of flat tax as the mitt romney flat tax. >> is the tax on capital gains 15% or is...
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the trades give freddie a giant incentive to do exactly opposite of what freddie mac is supposed to do, make home loans more accessible. it's essentially freddie mac betting against homeowners getting out of trouble. >>> and in his last campaign stop before florida voters went to the polls, mitt romney led a crowd of seniors in song. ♪ oh beautiful for spacious skies ♪ for amber waves of grain ♪ for purple mountain's majesty above the fruited plains ♪ ♪ america ♪ america ♪ god shed his grace on thee ♪ and crown thy good with brotherhood ♪ ♪ from sea to shining sea >> there you go. not as bad as steven tyler, come on, all right? >> that's right. tlar that's right, christine. >> kudos to anybody who since out loud but they should stop after ten seconds and save us all. thank you. >>> after mitt romney's second place finish in south carolina he arrived in the state of florida armed with money and a strong organization. really what a difference. it's only been ten days. can you believe that? ten days since south carolina. he is now, mitt romney, that is, leading in the
the trades give freddie a giant incentive to do exactly opposite of what freddie mac is supposed to do, make home loans more accessible. it's essentially freddie mac betting against homeowners getting out of trouble. >>> and in his last campaign stop before florida voters went to the polls, mitt romney led a crowd of seniors in song. ♪ oh beautiful for spacious skies ♪ for amber waves of grain ♪ for purple mountain's majesty above the fruited plains ♪ ♪ america ♪ america...
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and in the case of freddie mac, actually, you know, have a direct line of credit. so not a good comparison. way off. there are only a handful of gses, not credit unions, not electric co-ops. so pants on fire on the truthometer for that one. >> bill adair, thank you, bill. appreciate it. we are getting a lot of responses to today's "talk back" question. wh what do you want to hear from president obama in the state of the union address. jane says, "i want to hear him identify by name every senator and kongsman that has held up every piece of legislation he has recommended. that would be interesting viewing." carol costello is up next with your responses. >>> but first, some free money advice from the cnn help desk. >> time now for the help desk, where we get answers to your financial questions. joining me this hour, ma nicheya is a personal finance expert and linnette is the founder of ask the money coach.com. ladies, thank you for being here. first question, this comes from betty in milwaukee. betty wrote us, "i have no savings and my student loans will come due in
and in the case of freddie mac, actually, you know, have a direct line of credit. so not a good comparison. way off. there are only a handful of gses, not credit unions, not electric co-ops. so pants on fire on the truthometer for that one. >> bill adair, thank you, bill. appreciate it. we are getting a lot of responses to today's "talk back" question. wh what do you want to hear from president obama in the state of the union address. jane says, "i want to hear him identify...
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listen to what romney has had to say about gingrich's time as an adviser for freddie mac and all that money he made from the mortgage giant, and he has not let go of that issue the entire time he's been down here in florida. >> people recognize the policies that got us into this mess included the fact that we had something called freddie mac and fannie mae and they were guaranteed mortgages where they knew people couldn't possibly pay it back. a huge bubble erupted, people got hurt by it, and the fact that somebody is running for president at the time that was going on, $1.6 billion, that just irks people, and i think that's why speaker gingrich is having such a hard time. i also think people realize if you want change in washington, you can't just elect different people to take different chairs. >> suggestions of the tax returns were a problem for mitt romney in south carolina, the spre freddie mac issue has been a problem for newt gingrich. it doesn't make things any easier for the former speaker that florida is the housing capital in the country. >> that starts just a few minutes f
listen to what romney has had to say about gingrich's time as an adviser for freddie mac and all that money he made from the mortgage giant, and he has not let go of that issue the entire time he's been down here in florida. >> people recognize the policies that got us into this mess included the fact that we had something called freddie mac and fannie mae and they were guaranteed mortgages where they knew people couldn't possibly pay it back. a huge bubble erupted, people got hurt by it,...
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, guess what, you also have investments in fannie mae and freddie mac. romney really did his research and came in with an air of confidence, randi. he came in early and it set the tone for the evening. >> it sure did. another thing you said we learned was that gingrich stepped in quicksand. >> you noticed him soften there, the hardware rhetoric. this is what really sunk perry's hopes and said people who don't favor a humane immigration policy don't have a heart. look, you don't want to drift too far to the left of the conservative debates, which despite the hispanic voters in this state, most of the republicans in this republican base have a really tough stance on immigration. gingrich stood out of position on the left and that made romney look really conservative, so that didn't help gingrich, randi. >> and that really helped romney in the end. >> absolutely. absolutely. he came in with a comfortable lead, and i think he cemented it last night. you could tell it was a bad night for gingrich when even his advisers couldn't explain what he did and he didn
, guess what, you also have investments in fannie mae and freddie mac. romney really did his research and came in with an air of confidence, randi. he came in early and it set the tone for the evening. >> it sure did. another thing you said we learned was that gingrich stepped in quicksand. >> you noticed him soften there, the hardware rhetoric. this is what really sunk perry's hopes and said people who don't favor a humane immigration policy don't have a heart. look, you don't want...
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. -- captions by vitac -- www.vitac.com >>> governor romney owns shares of freddie mac and fannie mae. >> well, mr. speaker, i know that sounds like an enormous revelation, but have you checked your own investments, because you have investments that also invested in fannie mae and freddie mac. >> right. >> and even who got off of the sinking italian cruise ship is about to get paid. [ speaking foreign language ] >> more than $14,000 to each survivor. it is a deal reached between the costa cruise line and consumer groups. everyone will get their money back for the cruise tickets and other expenses and the captain who steered the ship into some rocks is still under house arrest. >>> i am going to burn it. >> protesters set an australian flag on fire outside of parliament today. it is the second straight day that people who are angry about australia's policy towards abridgeabri aborigines made news. the prime minister was forced to make a hasty get away. nobody was arrested in this protest, because burning a flag is not against the law in australia. >>> files are now missing for at least
. -- captions by vitac -- www.vitac.com >>> governor romney owns shares of freddie mac and fannie mae. >> well, mr. speaker, i know that sounds like an enormous revelation, but have you checked your own investments, because you have investments that also invested in fannie mae and freddie mac. >> right. >> and even who got off of the sinking italian cruise ship is about to get paid. [ speaking foreign language ] >> more than $14,000 to each survivor. it is a...
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. >> governor romney owns shares of both fannie mae and freddie mac. governor romney made a million off of selling some of that. >> if you're not willing -- >> more debate highlights straight ahead. >>> and also jesus and mohammed. saving the u.s. and global economy? that's a title of a compelling new opinion piece on cnn.com. we'll talk to the author. ♪ a refrigerator has never been hacked. an online virus has never attacked a corkboard. ♪ give your customers the added feeling of security a printed statement or receipt provides... ...with mail. it's good for your business. ♪ and even better for your customers. ♪ for safe and secure ways to stay connected, visit usps.com/mail when we were determined to see it through. here's an update on the progress. we're paying for all spill related clean-up costs. bp findings supports independent scientists studying the gulf's environment. thousands of environmental samples have been tested and all beaches and waters are open. and the tourists are back. i was born here, i'm still here and so is bp. a living
. >> governor romney owns shares of both fannie mae and freddie mac. governor romney made a million off of selling some of that. >> if you're not willing -- >> more debate highlights straight ahead. >>> and also jesus and mohammed. saving the u.s. and global economy? that's a title of a compelling new opinion piece on cnn.com. we'll talk to the author. ♪ a refrigerator has never been hacked. an online virus has never attacked a corkboard. ♪ give your customers the...
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but this is a specific charge that governor romney is laying out on his lobbying for freddie mac ond on his lobbying for the healthcare industry. he didn't do anything to answer those charges. he released his contract from freddie mac, but i took a look personally at the contract and it does not answer the questions that are being asked by both governor romney and the press. >> all right. let's talk about the negativity in debates. romney had been complaining about that. but moderator brian williams said he's contributing to it. listen to what williams asked him and the response and we'll talk about that. >> do you pledge to spend your time going after the incumbent president, yet here we are again? >> i'll tell you why. i learned something from the last contest in south carolina. that was i had incoming from all directions, was overwhelmed with a lot of the attacks. i'm not going to sit back and get attacked day in and day out without returning fire. >> so overwhelmed doesn't sound like a word that you would want to use. how did you feel about that? >> i'm not sure that that's the c
but this is a specific charge that governor romney is laying out on his lobbying for freddie mac ond on his lobbying for the healthcare industry. he didn't do anything to answer those charges. he released his contract from freddie mac, but i took a look personally at the contract and it does not answer the questions that are being asked by both governor romney and the press. >> all right. let's talk about the negativity in debates. romney had been complaining about that. but moderator...
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would this apply only to folks with fannie may and freddie mac loans? >> this would involve, you know, refinancing what we think would be up to 20 million or more mortgages. the average person would save about $2300 a month -- a year in mortgage payments. in the aggregate it might put incrementally as much as 40 or $50 billion per year back into the economy. it would prevent what we think is hundreds of thousands of coming foreclosures and other points the feds talked about in the document. we think it would not negatively impact the deficit. in fact, if done appropriately would actually help the deficit. we think this is one of the few things sitting around that's actually low-hanging fruit to kind of help the economy. >> so i just have to ask, cynical me sitting here, what's the catch? >> well, i mean, i think people who have looked at this, there are a couple major critiques, but i'll focus on one which is, in particular, wiould this harm already fragile credit records? the president was going to do a reassessment to replace the head of fannie may an
would this apply only to folks with fannie may and freddie mac loans? >> this would involve, you know, refinancing what we think would be up to 20 million or more mortgages. the average person would save about $2300 a month -- a year in mortgage payments. in the aggregate it might put incrementally as much as 40 or $50 billion per year back into the economy. it would prevent what we think is hundreds of thousands of coming foreclosures and other points the feds talked about in the...
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freddie mac says it's up to you, release it, but your attorney says no. why not lay it out? >> no, my attorneys have said we're talking with the center for health transformation which i no longer own to get their permission to do it. i don't own it anymore. they have it. i'm perfectly happy to find a way to do it. i think they want to make sure it doesn't risk confidentiality for any of their other clients. my advice would be that it's okay. >> let me circle back and close where we began. the expectations tonight. newt gingrich will finish where? >> i think i'll finish somewhere in the middle of the pack. late this evening we will go to rock hill, south carolina, and tomorrow morning we are going to kick off the campaign on jobs and economic growth in south carolina. >> we'll watch the votes come in tonight. mr. speaker, we'll see you soon in south carolina. thank you for your time. >> thank you. take care. >> speaker gingrich looking ahead to south carolina. why he's not expected to do so well in new hampshire. it's 25 minutes until we start counting the votes. it is a fasc
freddie mac says it's up to you, release it, but your attorney says no. why not lay it out? >> no, my attorneys have said we're talking with the center for health transformation which i no longer own to get their permission to do it. i don't own it anymore. they have it. i'm perfectly happy to find a way to do it. i think they want to make sure it doesn't risk confidentiality for any of their other clients. my advice would be that it's okay. >> let me circle back and close where we...
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your problem in florida is that you work for freddie mac at a time that freddie mac was not doing the right thing for the american people and that you're selling influence in washington at a time when we needed people to stand up for the truth in washington. >> newt isn't backing off either. he hit mitt romney hard on a familiar theme today, going after his background as a venture capitalist. >> i am not running for president to manage the decay of the united states to the satisfaction of the establishment. and i am not running for president of the united states to make the wall street elite and the washington elite happy. i am running to change both groups on behalf of the people of the united states of america. >> rick santorum's 20-year-old daughter elizabeth pinch hit for her dad today in sarasota. santorum is with his 3-year-old daughter who suffers from a genetic disorder and was admitted to a pennsylvania hospital last night. santorum says he will return to the campaign trail as soon as he can. our thoughts are with his family. mitt romney is gaining back his breathing room in
your problem in florida is that you work for freddie mac at a time that freddie mac was not doing the right thing for the american people and that you're selling influence in washington at a time when we needed people to stand up for the truth in washington. >> newt isn't backing off either. he hit mitt romney hard on a familiar theme today, going after his background as a venture capitalist. >> i am not running for president to manage the decay of the united states to the...
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just before the debate you released one year of your contract with freddie mac, a consulting contract that has become a source of tension and friction in the campaign. something you said in describing that tenure and in rebutting governor romney is also getting attention this morning. let's listen. >> i have never ever gone and done any lob lobbying. in fact we brought in an expert on lob yig law and trained all of our staff. >> there are some people in washington who say aha brought in an expert to train our staff. why? were they going to dance up to the line? were they going to operate in the gray area? explain why you did that, sir. >> you know, this is the kind of cynicism that leaves you in despair. we want to make sure we're never lobbying so we bring in somebody who's an expert to say, this is what lobbying is. this is what you can do as a citizen. i would have thought that was a sign of being careful, a sign of looking ahead, a sign of trying to do the right thing. i have been an active public citizen since i first ran for congress in 1974. i have written books, i have given s
just before the debate you released one year of your contract with freddie mac, a consulting contract that has become a source of tension and friction in the campaign. something you said in describing that tenure and in rebutting governor romney is also getting attention this morning. let's listen. >> i have never ever gone and done any lob lobbying. in fact we brought in an expert on lob yig law and trained all of our staff. >> there are some people in washington who say aha...
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which means for romney the things you're seeing in ads about freddie mac, about gingrich's lobbying ties, ethics violations. for gingrich, you'll see him probably attack the media again and attack romney on romney care, his pac that's supposed to be uncoordinated is running a bunch of hits on romney care and obama care over the next few days. you'll see him attack the establishment as well, all the endorsements romney gets from john mccain for instance don't necessarily please republican base voters disappointed by having mccain be their nominee in 2008. so every piece of dirty laundry will be aired tonight. there's no point in holding back. if romney were to win florida, he's in a pretty darn good position in february with states like nevada and michigan in february where he has always been thought to be strong. >> as a prognosticator, there's this is professor who correctly predicted the last seven presidential elections. allan leichtman said i don't see how obama can lose. are you in with him? are you in with leichtman here, do you agree? >> i think if romney is the nominee, it's goin
which means for romney the things you're seeing in ads about freddie mac, about gingrich's lobbying ties, ethics violations. for gingrich, you'll see him probably attack the media again and attack romney on romney care, his pac that's supposed to be uncoordinated is running a bunch of hits on romney care and obama care over the next few days. you'll see him attack the establishment as well, all the endorsements romney gets from john mccain for instance don't necessarily please republican base...
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here we go. >> governor romney owns shares of both fannie mae and freddie mac. governor romney made a million dollars off of selling some of that. >> mr. speaker, i know that sounds like an enormous revelation. have you checked your investments? you also have funds that invested in fannie mae and freddie mac. >> he sort of gives him the nod like, oh, damn, i forgot about those. that was a moment from newt. didn't he do his research and know it could be coming? >> this was a bad moment. i think part of it, ashleigh, was he missed the moment earlier when mitt romney came after him about the immigrant issue and said it was bad for you to throw out these bombs, these epithets. he missed his opportunity to look over to mitt romney and basically say, you know, mr. governor, after you spent all of the holiday season disparaging me to the good people of iowa and use it in new hampshire and then south carolina and it didn't work, for you to accuse me of trying to soil the playing field is rather hypocritical of you and here we go with that pious baloney. he missed that m
here we go. >> governor romney owns shares of both fannie mae and freddie mac. governor romney made a million dollars off of selling some of that. >> mr. speaker, i know that sounds like an enormous revelation. have you checked your investments? you also have funds that invested in fannie mae and freddie mac. >> he sort of gives him the nod like, oh, damn, i forgot about those. that was a moment from newt. didn't he do his research and know it could be coming? >> this...